Hypothesis:Party 1 owns an investment property and would like to sell and purchase a like-kind property. Party 2 also owns an investment property and would like to purchase a like-kind property. Both parties would lik...
I currently have 1 rental that has $200K+ equity. I'm considering selling and investing in 2 properties but not sure about tax issues and timing. Any advice? I'm thinking of waiting until next year to see where prices...
Looking for foundation contractors in the CT area. Preferably someone with more than a few years of experience. Currently in the motion of buying my first house and have some concerns. If anyone has any referrals plea...
I have a triplex where one unit is in the basement. There is definitely moisture in the air, so I bought a dehumidifier. My question is, what should I do with the flooring. Right now, there is ugly blue carpet in o...
I have a Sfh under contract to sell which I bought 10 years ago in C neighborhood. After purchase and 2 rehabs, roof and a/c. I will end up with about 50% appreciation. Question is do I do a 1031 exchange with low inv...
My Husband and I have decided to sell our current home. Round Rock is a HOT real estate market and the homes in our neighborhood have been selling right away with multiple offers well above asking price. We have gone ...
Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...
I am wondering what people are paying for rehabs costs in Greater New Orleans. Any input or thoughts would be appreciated from local rehabbers/Investors/Contractors. For example, how much on average are you spending o...
do you have capital gain tax liability if the purchase price of the new investment property is less than the net proceeds of the one you are selling in a 1031 exchange? (Net proceed, includes Escrow fees, Title, 6% sa...
I own several rental properties in the Ohio area. Just thinking whether or not to start doing a annual walk thru prior to lease renewal. Any thoughts? Thank you.